Pierre Oba demands Kore Potash response on Congo projects
While the price of potash has risen by more than 150% in one year (to $562.5 per tonne), the Congolese Minister of Mines is impatient with what he considers to be the slow progress of the development programmes for the Kola and DX prospects, located on the Atlantic coast, north of Pointe Noire.
19/10/2022 at 18h26, by Africa Business+
On 12 October, Pierre Oba sent a strongly worded letter to Kore Potash‘s managing director, Brad Sampson, expressing dissatisfaction with what he described as the slow funding process for the Kola project. The letter gave Kore an ultimatum of 30 days to return to the mining administration with a suitable answer or face an enforcement action “in accordance with the mining code”.
Recommended articles
Mines
03/02/2023 at 17h24, by Africa Business+
Pierre Oba has Kore Potash on his agenda at mining summit in Cape Town
The annual Investing in African Mining Indaba opens in the next few days in South Africa.
Inputs
19/07/2022 at 17h15, by Africa Business+
Congo: Kore Sintoukola Kola potash mine awaits final costing in August
Backed by Oman’s public fund and Chile’s SQM, the British company Kore Potash Plc, focused on developing...
Inputs
28/10/2021 at 17h47, by Africa Business+
Kore Potash resumes negotiations with potential buyers of Congolese ore
According to Africa Business+ sources, Kore Potash approached Swiss fertiliser trading group Keytrade...
Mines
08/04/2021 at 14h43, by Africa Business+
Congo-Brazzaville: Kore Potash opts for South African Summit over Chinese Touchstone
The Australian miner has signed a preliminary agreement with a South African company to develop its...
Mines
01/02/2021 at 19h13, by Africa Business+
Republic of Congo: Kore Potash claims Minister Pierre Oba did not issue an ultimatum
Jeune Afrique Business+ talked to the management of Kore Potash, the London-based firm listed on the...
Mines
19/01/2021 at 16h11, by Africa Business+
Why Pierre Oba met with Kore Potash at the end of December 2020
Exclusive to Jeune Afrique Business+